Planners Look to Pax River as Guide Ahead of Military Base Expansions (Washington Post)
Where once there were trees and fields there stand office buildings adorned with the names of giant military contractors: Northrup Grumman, Sikorsky, Raytheon and more. The road leading to the Patuxent River Naval Air Station has widened from two lanes to six and become lined for miles with shopping...

U.S. Private Equity Firms Seek Bargains in Japanese REIT Market (Commercial Property News)
Japanese REITs, which have lost more than 50 percent of their value on the Tokyo Stock Exchange since their peak last year, are increasingly attracting the attention of U.S.-based private equity firms like Oaktree Capital Management, which has launched the first tender offer for a REIT in Japan.

Empty offices are on the rise (The Sarasota Herald-Tribune)
Commercial properties could echo woes seen in residential

EuroMetropola: Office buildings – an advantageous investment (Nine O'Clock)
In the real estate market, the acquisition of office buildings and mixed projects, meaning offices and shopping spaces, are the safest long term investments, according to the consultants from “EuroMetropola” cited by Agerpres.

Turbine on the rise (The Daily News of Newburyport)
NEWBURYPORT and mdash; The 280-foot-high crane arrived in pieces last week, courtesy of about eight tractor-trailers. This week, it's being used in the industrial park to erect an even taller structure, as the massive wind turbine going up at Mark Richey Woodworking begins to take shape. Richey received permission from the city over the summer to build the 600-kilowatt Elecon TurboWinds wind ...

Commercial properties face bursting bubble (UPI)
WASHINGTON, Jan. 5 (UPI) -- Rising vacancy rates in U.S. office buildings are pointing to a possibility that a commercial real estate bubble could burst, industry observes said.

U.K. Commercial Property Index Fell Most on Record in 2008 (Bloomberg)
Jan. 2 (Bloomberg) -- U.K. commercial property companies recorded their worst year in 2008 as real estate values plummeted in the global credit crisis.